Reinvent your Procurement Process to Unlock Efficiency, Savings, and Transparency

Source to pay (S2P) function is one of the most neglected processes in any enterprise. Though it is a non-core function it can deliver great efficiency and value across your supply chain operations, if approached strategically. It is best to have specialized workforce handle your S2P function and overcome limitations that come with inadequate procurement skills in core S2P areas such as strategy, spend management, working capital management, material procurement, supply risk planning, commodity indices, supplier outreach, etc.

The TechM BPS Edge

TechM BPS has developed a BPaaS solution to bring efficiency to the S2P function and to strategically approach the process. Our BPaaS solution is aligned with business functions with an intent to:

  • Work closely with the Procurement Directors for corresponding commodities and the Business Function Leader
  • Jointly own the savings target with client Procurement Leader and Business Function Leader
  • Identify and prioritize targeted commodities and supply base, conduct business impact analysis, and develop detailed execution plans on a quarterly basis
  • Manage every savings project from ‘planning to execution’ until savings hit the profit and loss (P&L)
  • Collaborate with TechM’s sourcing specialists to devise and execute plans
  • Take necessary change management actions such as – sponsor engagement, coaching, training, and resistance management
  • Become a change agent and govern the process, to deliver savings through the identified savings levers

Source to Pay BPaaS solution architecture:

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Key Drivers
Strong Consulting Practice:
  • Spend assessment and transformation
  • Business process reengineering
  • Change management
  • Technology assessment and roadmap
Value Added Knowledge Process Service:
  • Low cost country sourcing
  • Spend data services and visibility
  • Spot buying and RFX management
  • Category management
  • Contract management
  • Value engineering and costing
Impeccable Business Process Service:
  • PO processing and fulfilment
  • Contract compliance
  • Supplier enablement
  • Accounts payables
  • Catalog management
Leading Technology Solutions:
  • Configuration and data services
  • Implementation and integration services
  • Training and change management
  • Project management
Why TechM BPS?
Managed over
$100 Billion S2P projects
End-to-end
procurement
service provider

(technology and services)
Experience in large
scale development, implementation,
and migration solutions
Dedicated team of 500+ associates globally
1200+ personyears of experience Successfully handled over100 S2P projects Rationalized development cost Global and long term support

Hear from clients whom we've partnered with successfully.